Microsoft is unplugging Internet Explorer in order to gain a competitive advantage in the browser wars.
Microsoft Corp (MSFT.O) is pulling the plug on its once omnipresent browser, Internet Explorer, next year as it prepares to battle market leader Chrome with its slicker Edge browser.
Launched in 1995, Internet Explorer became the dominant browser for over a decade as it was bundled with Microsoft's Windows operating system that came pre-installed in billions of computers.
The browser, however, started losing out to Google's Chrome in the late 2000s and has become a subject of countless internet memes for its sluggishness in comparison to its rivals.
As of April, Chrome has a 65% share of the global browser market, followed by Apple Inc's (AAPL.O) Safari, with an 18% share, according to web analytics firm Statcounter. Microsoft Edge has a 3% share, while Internet Explorer has a miniscule share of the market it once dominated.
The Windows software maker said on Wednesday the future of Internet Explorer on Windows 10 was in its faster and more secure Microsoft Edge.
